Safaricom interim CEO Michael Joseph has revealed his plan to take the firm to the next level. Joseph, who took over Kenya’s top telecom operator following the demise of Guyanese-born Bob Collymore, said that he is determined to transform it during the short period he will be serving as the acting CEO pending appointment of […]

Tanzania will sell neighbouring Kenya one million tons of maize and flour within a year to help curb a food shortage, a senior agriculture ministry official said on Thursday. This comes two weeks after Agriculture CS Mwangi Kiunjuri defended himself from allegations of creating an artificial maize shortage to necessitate importation. “We have generally agreed […]

On the surface, telecommunication in Africa seems to be in a dire state. Most countries in Africa are plagued with the lack of infrastructure, internet connectivity and poor latency. Apparently, continued economic growth and new businesses in the African region is hampered by these obstacles. Despite these big challenges, there are many Africans who are […]

Switch TV, a station that was launched in September 2018, fired 35 of its employees in a cost-cutting measure on Friday. Those fired included reporters, anchors, producers and other support staff who were all hired about nine months ago. The station, which had over 100 employees, was looking to cut down to an estimated 50 […]

By Nephat Kinyua If first impressions are anything to go by, then newly appointed Nzoia Sugar Company Managing Director CPA Michael Makokha Wanjala’s act of reading the riot act to the company’s employees in his first week on the job points to what some may consider a new dawn at one of Kenya’s leading sugar […]

The shilling has this week touched an eight-month low of 103 units to the dollar on the back of high dollar demand partly driven by the high liquidity. The drop now raises the spectre of a rise in cost of living, given that Kenya is a net importer of goods. The biggest knock-on effect is […]

Kenya commercial Bank chief executive officer Joshua Oigara is set to be unveiled as the new CEO later this later to take over from his close buddy The Legend Bob Collymore who passed away after battling with cancer for about two years. Oigara is credited with super efficiency and corporate discipline at the banking giant […]

Former Safaricom CEO Michael Joseph has made a comeback in an acting capacity following the death of Bob Collymore. The telco announced on Tuesday that Joseph will hold the position until the Safaricom Board makes communication on a permanent appointment. “The board is confident that during this transition, Mr Joseph will provide the necessary guidance […]

A popular hotel in the Lake-side city of Kisumu has sent home its entire staff following a tough business environment. According to Daily Nation, Sunset Hotel general manager Joseph Oduor explained that they resorted to the move after the hotel had continuously made losses for 15 years. He further revealed that the more than 50 […]

Kenya Airways CEO Sebastian Mikosz has announced plans to exit the airline by the end of this year. In a memo to employees, Mikosz said he was leaving on personal grounds. ‘It is my personal decision and I have obviously discussed it with board as well as with my family,’ reads part of the memo. […]